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US, Switzerland to finalise deal slashing tariffs from 39% to 15%; pharma, gold smelting and meat exports in focus

15 Nov 2025 Zinkpot 423

Mint News: The US and Switzerland have reached a deal to cut tariffs on Swiss goods from 39% to 15%, easing the pressure created by Trump’s earlier surprise tariff hike. In exchange, Switzerland will invest $200 billion in the US and buy more Boeing planes, while also opening limited duty-free quotas for meat imports. The agreement brings Swiss exporters back in line with EU competitors and ends months of trade tension between the two countries.

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